Commercial, Energy Efficiency, GHG Emissions - November 21, 2023
Waters Lowers Emissions by 5%
Waters, a global provider of analytical instruments and software, announced a 5% decrease in year-over-year Scope 1 and 2 GHG emissions.
The company reduced Scope 1 and 2 emissions 27% since 2016, achieving progress towards its goal to reduce GHG emissions by 35% by 2025.
Waters announced a nearly 33% increase in renewable energy use since 2021 with approximately 77% of the company's electricity sourced from renewable and/or low-carbon sources in 2022.
The company also introduced Xevo™ TQ Absolute Mass Spectrometer, which consumes roughly half the energy and nitrogen of comparable instruments, while generating approximately half the heat.
Waters included the company's approach to disclosing climate-related risks and opportunities aligned with recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) for the first time.
The company also reported continued progress against objectives via industry frameworks such as the Sustainability Accounting Standards Board (SASB), United Nations 2030 Agenda for Sustainable Development, and Global Reporting Initiative (GRI).
Details were issued in its 2023 Environmental, Social, and Governance (ESG) report, highlighting the company's progress towards advancing its sustainability goals.
"At Waters, we are driven to solve some of the most difficult global problems to help fulfill our mission of leaving the world better than we found it," said Dr. Udit Batra, President and CEO of Waters Corporation, in a statement. "We made solid gains in our overall progress to reduce emissions, increase the use of renewable energy, and have delivered innovative products that have a lower environmental impact. I am also very proud of our progress to become more representative of the society we live in through programs like Waters Student Academy and our global internship program, and by the increase of women in leadership roles. Our focused efforts today are ensuring a more equitable and inclusive culture of tomorrow, allowing us to make a meaningful impact."
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